IPLP : IPL Plastics Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

IPL Plastics Inc trades with the ticker IPLP on the TSX and is in the Packaging & Containers industry.

Overview
IPL Plastics Inc., through its subsidiaries, provides various packaging solutions primarily in the United States, the United Kingdom, and Canada. It operates through three segments: Large Format Packaging and Environmental Solutions (LF&E), Consumer Packaging Solutions (CPS), and Returnable Packaging Solutions (RPS). The LF&E segment offers various pails, containers, and crates for the food and consumer, environmental, retail, agricultural, and industrial end-markets; and wheeled bins and related containers for the waste collection and recycling markets to municipalities, waste haulers, and retailers. The CPS segment provides specialty thin-wall injection molded containers, lids, overcaps, and custom packaging solutions for branded and private label food and consumer products customers. The RPS segment supplies bulk containers that are used in the agricultural sector; injection molded containers; and reusable and collapsible containers for the automotive logistics market. It also offers injection-molded plastic temporary flooring and roadway mats, which are used in the construction, military, oil and gas, and entertainment events markets. The company was founded in 1939 and is based in Montreal, Canada. As of October 15, 2020, IPL Plastics Inc. was taken private.
 

Looking to invest in IPL Plastics Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

IPLP.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $543.82MM

PE Ratio: 38.083

Price: #N/A (Updated: 3/12/2024 0:47:16)



IPL Plastics Inc (IPLP) vs Competitors in Packaging & Containers

Lets see how IPLP.TO stacks up against others in the Packaging & Containers asset management industry. We have identified its main peers as:

Cascades Inc, Intertape Polymer Group Inc, Supremex Inc, Transcontinental Inc, Transcontinental Inc

.

Packaging & Containers Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Cascades Inc (CAS) $1,004.049 N/A 8.743 4.8%
IPL Plastics Inc (IPLP) $543.82 38.083 11.504 0.0%
Intertape Polymer Group Inc (ITP) $2,399.853 N/A 32.681 2.2%
Supremex Inc (SXP) $97.832 5.746 3.852 4.2%
Transcontinental Inc (TCL-A) $1,240.896 14.444 5.473 6.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Packaging & Containers

  • IPL Plastics Inc (IPLP) vs Cascades Inc (CAS)
    • IPLP has higher EPS (0.2 vs -0.76). CAS has higher dividend yield (4.8% vs 0.0%). CAS has a P/E under 0, indicating IPLP (P/E 38.083) is in a better position.
  • IPL Plastics Inc (IPLP) vs Intertape Polymer Group Inc (ITP)
    • IPLP has higher EPS (0.2 vs -0.185). ITP has higher dividend yield (2.2% vs 0.0%). ITP has a P/E under 0, indicating IPLP (P/E 38.083) is in a better position.
  • IPL Plastics Inc (IPLP) vs Supremex Inc (SXP)
    • SXP has higher EPS (0.67 vs 0.2). SXP has higher dividend yield (4.2% vs 0.0%). IPLP has a higher P/E ratio (38.083 vs 5.746) indicating it’s more expensive.
  • IPL Plastics Inc (IPLP) vs Transcontinental Inc (TCL-A)
    • TCL-A has higher EPS (0.99 vs 0.2). TCL-A has higher dividend yield (6.4% vs 0.0%). IPLP has a higher P/E ratio (38.083 vs 14.444) indicating it’s more expensive.
  • IPL Plastics Inc (IPLP) vs Transcontinental Inc (TCL-B)
    • TCL-B has higher EPS (0.99 vs 0.2). TCL-B has higher dividend yield (6.3% vs 0.0%). IPLP has a higher P/E ratio (38.083 vs 14.394) indicating it’s more expensive.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy IPLP stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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